Lynx Air hopes to sell off everything from life-jackets to oxygen masks as it tries to recoup a portion of the losses it incurred before filing for creditor protection earlier this year.
In court filings last week, the defunct discount carrier said it has worked out deals with a pair of aviation companies abroad to sell plane parts and equipment ranging from seats to tires and transponders.
The airline didn’t own its fleet of nine aircraft. The half-dozen leasing companies behind them cancelled their deals and took back the planes, according to an affidavit from interim chief financial officer Michael Woodward.
The filings ask Alberta’s Court of King’s Bench to approve agreements that would see New Hampshire’s Aero 3 repair company buy more than 50 wheels and brakes and the Cayman Islands-based BOC Aviation leasing company snap up 79 other items, from food carts to a single garbage…
